A Bloomberg BNA article titled: “Not All Leases Created Equal Under New Accounting Rule”, recently quoted Scribcor Global Lease Administration’s VP of Client Development, Denise Hinkle. The article, which discusses the level of materiality companies should consider when accounting for equipment assets under the new accounting rules, especially for small-dollar leases such as printers, soda machines, coffee makers, and other assets which, while they should be tracked and managed, wouldn’t materially impact the balance sheet.
Read the full Bloomberg Article Here
